Abstract

The Italian Bank Scandal
J. W. M. | March 9, 1893 issue

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This article presents information on a bank scandal that happened in Italy in 1893. After the arrest of the director of the branch Bank of Naples, the judicial authorities possessed themselves of all the public and private papers belonging to the accused, and on the perusal of these it became evident that the frauds were not confined to mere bank officials, and that the receivers were worse than the thieves. The permanent chief of the Department of Agriculture and Commerce was arrested on the charge of violating three articles of the Penal Code for having abetted the crimes of peculation and corruption committed by director and cashier of the Roman Bank.

See Also:

BANK fraud; BANK of Naples (Company); SCANDALS; EXECUTIVE departments; BANKS & banking -- Corrupt practices; ITALY
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